luckyeveryday, did I say anything similar to Ivan2222? I just say try. I didn't swear to god or saying deactivate my account? Read probably before you type out the words. You are making people piss.
@Ivanding you trust me? I'm honored. Don't need whatsapp group, just follow me here on i3investor. I'm just an average trader with some experience and money. I don't usually give recommendations but I definitely give warnings when game is over.
Pengwin, I know something about shares, not much. I have gone on to other counters too, like what the two shares I have walked in. Still some other good shares actually, but I will be scolded if I share,somebody will saying I am spreading fake news, LOL....
IVAN2222 is definitely exaggerating but I don't think he's entirely wrong. If Anzo can't even rebound past 44 cents, what hope is there for those still holding at 50, 60 cents? At best there might be some consolidation around the 0.35-0.45 range for a few days, but ultimately, it's clear that the trend is headed for pre-speculation levels of 0.20. Even if there were some miraculous rebound, Anzo will probably not go beyond 50 cents.
The LOI deal news came out on 14 April (Friday) which coincides with the bearish engulfing pattern which broke through the 56 sen support, then on Monday, the huge red candle broke through the 50 sen support. The 2nd Elliot wave has been completely disrupted and it's clear that the syndicates have sold most if not all of their holdings last Friday and moved on to new active counters this week.
allow me to express my opinion on the overall market scenario . if the past trends and experiences are anything to go by, then we have to be very careful now.the rotational play of penny stocks and warrants accompany by huge volumes and surging prices gives a clear indicator that the game will be over in the not distant future. past history will repeat.simple common sense will prevail.from my observation some investors in this forum have begun to feel it.to newcomers in stock market never turn a deaf ear to advice.the writing is on the wall within the next few months.believe me with my 25 years experience in stock market .my aim is just to help those ignorant and innocent.
Pengwin = make perfect argument. At least not like those asking to "TRUST ME" phrase. IVAN2222, at least I give the man benefit of the doubts since he is taking on my challenge.
Just look at its financials. For the past 5 years.. not even once a quarter profit. Then suddenly the price up three folds. Hmm.. donno what else to say..
Pengwin...you mentioned.....British election is good for penny and small caps because KLcI will be "NEGATIVE" affected. the negative is referring to large caps? But is good for penny and small caps? What would be the rational? What about mid caps? At least I can learn the logic behind your assessment. Thank you !!!
KLCI is the composite index of the top 30 companies on KLSE by market cap, if KLCI is negatively impacted, that means blue chips are down. Unless traders short the blue chips to make money in a bearish market, they would otherwise switch to pennies and small caps instead for short-term play while waiting for the KLCI stocks to recover.
That's why there tends to be a negative correlation between KLCI and pennies. If KLCI is doing well, there is no reason to trade speculatively. But if KLCI is down, then traders will have to trade pennies to fulfill their daily target profits.
Anzo director reply UMA saying they still donno what may cause the sharp rise and drop in shares price. Maybe atleast talked about speculative bet on Paragon KL project? These directors are stupid...
TrippleZ, I just read the announcement, there's some truth in what you said, but twice in less than 3 weeks? Unless it's immediately followed by some development updates.
Why can't you sleep Ivan2222? Are you inside? If the syndicate really want to drive price up, why would they even give clues?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ivanding
226 posts
Posted by Ivanding > 2017-04-18 17:23 | Report Abuse
Pengwin, we should create a whatapp group in order to share some information to earn some pocket money.